Lend SYYN to Earn Yield on Teller
Are you holding $SYYN on Base?
Lend on Teller and start earning 8-15% compounding yield.
No impermanent loss. No pairing. Withdraw anytime.
Just your $SYYN, earning more $SYYN while you keep full control of your position.
How Does Teller Work?
Teller is your new home base for earning yield on stables and long-tail assets. Join over 250k active users today and start earning up to 12% yield on Ethereum, Base, Arbitrum, and Hyperliquid.
The thesis is simple. No one should be limited to a small number of assets when lending and borrowing. Teller is a permissionless protocol designed to unlock liquidity and passive income on any asset.
Lenders deposit a single token and earn more of that same token, without dual-asset exposure or the risk of impermanent loss. Borrowers unlock liquidity on a range of assets without worrying about liquidations.
What is $SYYN?
$SYYN is the native token of Siyana, a project associated with the creative collective @syynstudios that blends onchain culture with fashion and exclusive experiences. The token functions as a key within the Siyana ecosystem, designed to unlock access to unique drops, digital and physical items, and experiences that tie into the brand’s broader creative and community-driven activities. According to public project information, holding $SYYN enables participation in exclusive releases and early access to curated weekly drops that connect with onchain reward systems and community events.
Siyana (SYYN), the token trades on decentralized platforms like Uniswap V4 on the Base network and has a total supply of 100 billion tokens with a circulating supply of around 87 billion. While price, market cap, and trading activity reflect its early-stage status in the crypto landscape, $SYYN’s utility centers on community engagement and ecosystem access rather than traditional financial yield or protocol governance.
Where does the yield come from?
Teller yield is generated in 3 different ways: borrower interest payments, underlying protocol yield, and staking rewards.
With all 3 of these methods, there is no impermanent loss, and you can withdraw your assets at any time without penalty.
1. Borrower Interest Payments
The “base yield” from Teller pools comes directly from borrower interest payments. Unlike standard DeFi lending pools, where interest is paid per block, Teller’s yield is distributed equally to lenders at the exact time of each loan repayment. Note: if there is no borrowing activity on a specific pool, then there will be no base yield generated for that pool at that time.
As borrowers repay their loans to the pool, the interest they pay is distributed to lenders at the time of repayment. This yield is calculated based on the current pool utilization ratio at the time each loan is repaid.
Because of this, the yield fluctuates, ranging from 20–60% APY depending on how much liquidity is available and how much of it is being borrowed at the time of each loan repayment.
2. Integrated DeFi Protocols
Additionally, many Teller pools are backed by DeFi protocols like Yearn, Moonwell, Harvest, and Wasabi. When you supply liquidity to these pools, Teller automatically routes your assets to the underlying protocol.
This means your dry powder is earning passive income while you wait to deploy it onchain.
3. Staking Rewards
Staking rewards are paid by Teller to bootstrap liquidity on selected pools. Supply and stake your assets to start earning rewards per block. You can claim and restake rewards at any time.
When liquidity reaches $100K per pool, the incentive yield will gradually decline as the pool begins to scale organically.
Can I borrow using my supplied assets?
Yes. When an onchain opportunity appears, you can quickly deploy your assets using no-liquidation loans.
Teller loans are unique and do not use price oracles, leaving you insulated from mispricing events, scam wicks, and forced liquidations.
How does Teller protect against liquidations?
Teller loans are perpetual and built around 30-day rollover checkpoints. That means during each 30-day interval, you cannot be liquidated.
At each checkpoint, you pay the interest due and adjust the TVL of your loan. Teller then flash-loans the collateral, and you can choose to repay or roll over the loan for another 30 days.
Start Earning with $SYYN
2. Connect your wallet and switch to Base Network
3. Select the $SYYN lending pool
4. Deposit and start earning compounding yield
